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Versarien Shares Crashed 51.5% After CEO’s Sudden Resignation

The Versarien PLC (LON: VRS) share price crashed 51.5% after its CEO, Neill Ricketts, abruptly resigned. Investors' adverse reaction to the news was driven by the recent positive releases from the company, which showed that t

Simon Mugo
USDJPY Fell As the Japanese Yen Rose Against USD on GDP Data

The USDJPY currency pair was trading down over 100 pips at writing as the Japanese yen rallied against the US dollar after the Japanese GDP data. According to the report, Japan’s GDP remained flat in Q4 2022, missing analysts

Simon Mugo
Troika Media (TRKA) Stock Surged 28%. Is This a Short Squeeze?

The Troika Media Group Inc (NASDAQ: TRKA) stock price surged 28.3% premarket, driven by massive investor interest. The company’s share price has alternated between gains and losses over the past few days, and sellers and buye

Simon Mugo
Biophytis (BPTS) Stock Rallied 47% on Positive Clinical Trial Results

The Biophytis SA (NASDAQ: BPTS) stock price rallied 46.6% after announcing that it would present positive data from its phase 2-3 COVA study with Sarconeos (BIO101) in severe COVID-19 at the European Respiratory Society 2023

Simon Mugo
Harbour Energy (HBR) Shares Fell 3.12% Despite $200M Buyback

The Harbour Energy PLC (LON: HBR) share price fell 3.12% despite revealing that its free cash flows tripled in 2022 to a whopping $2.1 billion. However, the company noted that the UK Energy Profits Levy (windfall tax) eradica

Simon Mugo
Aviva Shares Rose 4.1% on New £300M Share Buyback Program

The Aviva plc (LON: AV) share price edged 4.10% higher after the insurance company released its full-year 2022 results and announced a new £300 million share buyback program as part of its commitment to return excess cash to

Simon Mugo
Atlantic Lithium Shares Surged 33.8% Despite Corruption Claims

The Atlantic Lithium Ltd (LON: ALL) share price surged 33.8% after yesterday’s massive 40% crash after Blue Orca Capital issued a short selling report implicating the company in high-level corruption in Ghana, where it plans

Simon Mugo
USDCAD Rallies As the Canadian Dollar Fell on BoC Rate Decision

The USDCAD currency pair was trading up over 30 pips after the Bank of Canada announced it was leaving interest rates unchanged at 4.5%, as expected. The Canadian dollar remained weak against its US peer for the second day as

Simon Mugo
Tesla Stock Has Risen 58.5% This Year Amid Massive Price Cuts

The Tesla Inc (NASDAQ: TSLA) stock price has risen 58.5%, driven by the company’s focus on pricing dynamics as it slashes the prices of its vehicle models to make them more affordable for potential buyers while outselling its

Simon Mugo
Why Direxion Semiconductor (SOXL) Stock Has Risen 44% in 2023

The Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA: SOXL) stock price has risen 44% since the year started as the shares of semiconductor companies rallied. The rally in semiconductor manufacturers has been driven by t

Simon Mugo
Amigo Shares Plunged 17.3% As the Risk of Liquidation Increases

The Amigo Holdings PLC (LON: AMGO) share price plunged 17.3% after issuing an update about its general meeting of shareholders scheduled for today. The mid-cost credit company revealed that it was still struggling to find inv

Simon Mugo
Why Greatland Gold (GGP) Share Price Was Muted on Drill Results

The Greatland Gold plc (LON: GGP) share price was muted after announcing the results of its 2022 drilling campaign at its fully-owned Scallywag project in the Paterson region of Western Australia.

Simon Mugo
Admiral Share Price Fell 9.7% After Its Full Year ’22 Profits Plunged

The Admiral Group plc (LON: ADM) share price plunged 9.7% after reporting a 39% drop in pre-tax profits during the 2022 financial year. The insurance company’s pretax profits fell 39% to £469.0 million from £769.0 million in

Simon Mugo
AUDUSD Crashes As the Aussie Fell Despite the RBA Rate Hike

The AUDUSD currency pair was trading down over 120 pips despite the Reserve Bank of Australia’s expected 25 basis points rate hike. The currency pair was trading at its lowest since December as the Aussie weakened against the

Simon Mugo
Virax Biolabs (VRAX) Stock Soared 138% on the AIV Test Kit Deal

The Virax Biolabs Group Ltd (NASDAQ: VRAX) stock price soared 137.8% after revealing that it had signed an agreement to distribute an Avian Influenza A Virus (AIV) real-time PCR test kit to markets accepting the CE mark, whic

Simon Mugo
Novo Integrated (NVOS) Stock Rallied 39% Despite a Lack of News

The Novo Integrated Sciences Inc (NASDAQ: NVOS) stock price rallied 39% despite the lack of news releases from the integrated healthcare company. The lack of announcements indicates that the latest rally in NVOS stock price w

Simon Mugo
Skinbiotherapeutics (SBTX) Shares Plunged 12.7% Despite Launch

The Skinbiotherapeutics PLC (LON: SBTX) share price fell 12.7% after it received regulatory approval to launch its AxisBiotix-Ps™ food supplement in Spain to alleviate the symptoms associated with Psoriasis.

Simon Mugo
Argo Blockchain Shares Muted on February Update – Here’s Why

The Argo Blockchain PLC (LON: ARB) share price traded sideways after its February operations update was released. The company mined 162 Bitcoin or Bitcoin Equivalents (BTC), translating into 5.7 Bitcoin daily. The results rep

Simon Mugo
EURUSD Rallies Higher As the Euro Beats the Dominant US Dollar

The EURUSD currency pair was trading up 35 pips as the euro rallied higher against the US dollar, boosted by the positive investor sentiment towards the single currency. The euro posted gains against the US dollar as other cu

Simon Mugo
ProShares Natural Gas ETF (BOIL) Stock Fell 23% – Here’s Why

The ProShares Ultra Bloomberg Natural Gas (NYSEARCA: BOIL) stock price plunged 23% as natural gas prices continue to fall, defying investor and analyst expectations of a price rebound as the winter season remains surprisingly

Simon Mugo
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